Petco Files 8-K: Director Changes & Executive Compensation

Ticker: WOOF · Form: 8-K · Filed: 2025-05-23T00:00:00.000Z

Sentiment: neutral

Topics: leadership-change, executive-compensation, governance

Related Tickers: WOOF

TL;DR

Petco's 8-K: Board shakeup and new exec pay details filed.

AI Summary

Petco Health & Wellness Company, Inc. filed an 8-K on May 23, 2025, reporting changes effective May 19, 2025. The filing covers the departure of directors, election of new directors, appointment of officers, and details on executive compensation arrangements. Specific names of departing/elected directors and appointed officers, along with details of their compensation, are expected to be within the full filing.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance.

Risk Assessment

Risk Level: medium — Changes in leadership and compensation can indicate internal shifts that may impact future business performance and investor confidence.

Key Players & Entities

FAQ

Who are the directors departing from Petco Health & Wellness Company, Inc.?

The filing indicates the departure of directors, but specific names are not listed in the provided excerpt.

Who has been elected as new directors for Petco?

The filing states the election of directors, but their names are not detailed in the provided text.

Are there any new officer appointments at Petco?

Yes, the filing reports the appointment of certain officers, though their identities are not specified in the excerpt.

What is the primary reason for this 8-K filing?

This 8-K is filed to report the departure of directors, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.

When were the reported changes effective?

The earliest event reported, and thus the effective date of the changes, was May 19, 2025.

From the Filing

0000950170-25-076991.txt : 20250523 0000950170-25-076991.hdr.sgml : 20250523 20250523163011 ACCESSION NUMBER: 0000950170-25-076991 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 10 CONFORMED PERIOD OF REPORT: 20250519 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250523 DATE AS OF CHANGE: 20250523 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Petco Health & Wellness Company, Inc. CENTRAL INDEX KEY: 0001826470 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RETAIL STORES, NEC [5990] ORGANIZATION NAME: 07 Trade & Services EIN: 811005932 STATE OF INCORPORATION: DE FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39878 FILM NUMBER: 25982843 BUSINESS ADDRESS: STREET 1: 10850 VIA FRONTERA CITY: SAN DIEGO STATE: CA ZIP: 92127 BUSINESS PHONE: 1-858-453-7845 MAIL ADDRESS: STREET 1: 10850 VIA FRONTERA CITY: SAN DIEGO STATE: CA ZIP: 92127 FORMER COMPANY: FORMER CONFORMED NAME: PET Acquisition LLC DATE OF NAME CHANGE: 20200929 FORMER COMPANY: FORMER CONFORMED NAME: Petco Acquisition LLC DATE OF NAME CHANGE: 20200929 8-K 1 woof-20250519.htm 8-K 8-K 0001826470 false 0001826470 2025-05-19 2025-05-19   UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 19, 2025     Petco Health and Wellness Company, Inc. (Exact name of Registrant as Specified in Its Charter)     Delaware 001-39878 81-1005932 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)           10850 Via Frontera   San Diego , California   92127 (Address of Principal Executive Offices)   (Zip Code)   Registrant’s Telephone Number, Including Area Code: (858) 453-7845     (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Class A common stock, par value $0.001 per share   WOOF   The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐   Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 19, 2025, Christy Lake resigned from the Board of Directors (the “Board”) of Petco Health and Wellness Company, Inc. (the “Company”) and its compensation committee, effective as of the election of directors at the Company’s 2025 Annual Meeting of Stockholders (

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